What is the best source of income for a corporation?

a. Prior period adjustments

b. Continuing operations

c. Extraordinary items

d. Discontinued operations

Jergens Lotion Company reports several earnings numbers on its current year income statement (parentheses indicate a loss):

Gross profit

$ 140,000

Income from continuing operations

$ 35,000

Net income

41,000

Extraordinary gains

14,000

Income before income tax

60,000

Discontinued operations

(8,000)